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The Ford pay thing is poorly understood. The factory had ridiculously high turnover and it severely impacted productivity. Nearly half the $5 wage came from a b
by amayne 8y ago
The Ford pay thing is poorly understood. The factory had ridiculously high turnover and it severely impacted productivity. Nearly half the $5 wage came from a bonus after a committee visited your home and decided you were living morally according to Henry Ford’s standards: https://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/#322b5f42766d https://www.forbes.com/sites/timworstall/2012/03/04/the-stor...